Rural

MINOR IRRIGATION

The following activities can be considered for financing under Minor Irrigation –

Lift Irrigation

Well Irrigation

Drip Irrigation

Sprinkler Irrigation

Electric Motor & Pump Set

Diesel Engine

Construction of pump house/water delivery channel

Payment of deposit to the State Electricity Board

PURPOSE

The following activities can be considered for financing under Minor Irrigation,
Lift Irrigation
Well Irrigation
Electric Motor & Pump set
Diesel Engine
Construction of pump house/ water delivery channel
Payment of deposit to the State Electricity Board also be considered
Any other type of need based facility/construction suitable to the topography of the agricultural field

ELIGIBILITY

As per unit cost approved by NABARD / Cost of the Project

TECHNICAL FEASIBILITY

Principal/ Collateral

Loans upto Rs.1.00 lakh –

Hypo. of Assets purchased/ created out of Bank finance.

Loan limit above Rs.1.00 lakh -

Hypo. of Assets purchased/ created out of Bank finance.

Mortgage of land or Declaration as per Agril. Credit Act or Collateral Security of adequate worth